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Friday, 08/19/2016 10:55:59 AM

Friday, August 19, 2016 10:55:59 AM

Post# of 216
Valeant: 3 Perils Of The T. Rowe Price Lawsuit
Aug. 19, 2016 10:29 AM ET

Summary
•T. Rowe Price recently sued Valeant for fictitious accounting and massive risks that led to huge losses.
•The suit could create uncertainty, cause a distraction for management or hurt potential asset sales.
•With debt/EBITDA exceeding 7x VRX is in dire straits. Avoid the stock.


http://seekingalpha.com/article/4000867-valeant-3-perils-t-rowe-price-lawsuit?auth_param=1vat:1bre5uu:03add45509a407bcde3980fea48b4bef&uprof=51

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